Exercise 16-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $80,000 and an original cost of $161,000 was sold at a loss of $36,000. b. Paid $118,000 cash for a new truck. c. Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000. d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $15,500. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities $